Stablecoins
Latest news, analysis, and updates on Stablecoins from A47 News.
4 stories in Crypto · Updated live
South Korea confirms 22% cryptocurrency tax set to begin in 2027 amid political opposition
South Korea has announced the implementation of a 22% tax on cryptocurrency gains starting January 1, 2027. This decision comes as the Financial Services Commission pushes for comprehensive regulations on stablecoins and digital assets, while opposition lawmakers seek to repeal the tax. The ongoing political debate will significantly influence the future landscape of cryptocurrency taxation and regulation in the country.
Visa announces stablecoin strategy and support for OpenUSD
Visa has unveiled its stablecoin strategy, highlighting support for multiple stablecoins including the upcoming OpenUSD during its Q3 earnings call. This announcement comes as Visa seeks to diversify its investments in the stablecoin sector, focusing on innovations like tokenized deposits and AI-powered commerce. In the long term, Visa's proactive approach may enhance its competitive edge in the evolving cryptocurrency landscape.
Nairobi Securities Exchange partners with Tether to advance digital asset integration in Kenya
The Nairobi Securities Exchange has signed a memorandum of understanding with Tether to explore the integration of digital assets into Kenya's financial market. This partnership is driven by the need to enhance blockchain infrastructure and promote investor education at this pivotal moment for digital currencies. Long-term, this initiative could serve as a model for broader adoption of digital currencies across African financial markets.
Samsung SDS partners with Dunamu to enhance stablecoin infrastructure in South Korea
Samsung SDS has announced a collaboration with Dunamu to expand its stablecoin infrastructure. This partnership is driven by Samsung's strategic focus on the digital asset market and Dunamu's expertise in blockchain technology. The long-term implication could be a significant transformation in South Korea's digital asset ecosystem, fostering innovation in payment solutions.
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Samsung SDS partners with Dunamu to enhance stablecoin infrastructure in South Korea
Samsung SDS has announced a collaboration with Dunamu to expand its stablecoin infrastructure. This partnership is driven by Samsung's strategic focus on the digital asset market and Dunamu's expertise in blockchain technology. The long-term implication could be a significant transformation in South Korea's digital asset ecosystem, fostering innovation in payment solutions.
South Korea confirms 22% cryptocurrency tax set to begin in 2027 amid political opposition
South Korea has announced the implementation of a 22% tax on cryptocurrency gains starting January 1, 2027. This decision comes as the Financial Services Commission pushes for comprehensive regulations on stablecoins and digital assets, while opposition lawmakers seek to repeal the tax. The ongoing political debate will significantly influence the future landscape of cryptocurrency taxation and regulation in the country.
Visa announces stablecoin strategy and support for OpenUSD
Visa has unveiled its stablecoin strategy, highlighting support for multiple stablecoins including the upcoming OpenUSD during its Q3 earnings call. This announcement comes as Visa seeks to diversify its investments in the stablecoin sector, focusing on innovations like tokenized deposits and AI-powered commerce. In the long term, Visa's proactive approach may enhance its competitive edge in the evolving cryptocurrency landscape.
Nairobi Securities Exchange partners with Tether to advance digital asset integration in Kenya
The Nairobi Securities Exchange has signed a memorandum of understanding with Tether to explore the integration of digital assets into Kenya's financial market. This partnership is driven by the need to enhance blockchain infrastructure and promote investor education at this pivotal moment for digital currencies. Long-term, this initiative could serve as a model for broader adoption of digital currencies across African financial markets.